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Sierra Metals Inc.

09:50 AM EST - Sierra Metals Inc. : Announced that the Peruvian Government has activated phase two of its economic recovery plan effective June 5. Phase two includes mining and mining-related activities in Peru. The Company will begin to recall required furloughed employees and contractors and will start to progressively ramp the mine operations back up to full capacity. Sierra Metals Inc. shares T.SMT are trading up $0.06 at $1.11.